It might be more about parking vs. foot traffic in Los Angeles...outside of very touristy areas where you will pay top $ for rent. People in this area usually walk walk walk as a way of life. So... foot traffic is a big plus here.

Proximity to consistent public transportation is also an important factor if you consider foot traffic to be a factor. Sidewalks corners and street lights are often there...but some areas are built for street traffic and you would be hard-pressed to have to rely on the ability to actually cross the street in some busy areas with many lanes and quick lights designed for moving traffic and creating the ability to make turns in the street vs. crossing safely.